JPY
CNH, CNY, IDR, INR, JPY, KRW, Market Analysis, Technical Analysis
Indian Rupee Leads Asian Currency Losses as Yen and New Zealand Dollar Strengthen
Asian currency markets are showing mixed performance, with the Indian rupee falling 0.33% to become the weakest performer in the latest foreign-exchange update. The Japanese yen and New Zealand dollar lead gains, appreciating by 0.31% and 0.30%, respectively, while the Chinese yuan records a smaller increase of 0.07%. The South Korean won remains little changed, […]
by Currency Hedger
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- 34 minutes ago
EUR, GBP, JPY, Market Analysis, MXN, Technical Analysis, USD
Mexican Peso Leads Global Currency Gains as Dollar Index Falls 0.47%
Global currency markets are seeing broad strength across several major currencies, with the Mexican peso leading the latest gains after appreciating 1.17%. The New Zealand dollar and Norwegian krone also record notable advances, while sterling and the euro strengthen against the US dollar. The Japanese yen posts a smaller gain, adding to the positive performance […]
by Currency Hedger
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- 19 hours ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Strengthens Towards 157.5 as US Dollar Weakens on Political Uncertainty and Safe-Haven Demand
The Japanese yen has strengthened towards 157.5 per US dollar, reversing a two-day decline as renewed pressure on the US dollar and increased demand for safe-haven assets support the Japanese currency. The latest movement follows early US election polling suggesting the possibility of a Democratic takeover of both chambers of Congress. The prospect has increased […]
by Currency Hedger
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- 1 day ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds above 176.50 near nine-day EMA
EUR/JPY inches lower after posting modest gains in the previous day, trading around 176.70 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is holding just above the nine-period Exponential Moving Average […]
by Currency Hedger
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- 2 days ago
EUR, GBP, JPY, KRW, Market Analysis, Technical Analysis
South Korean Won Leads Currency Losses as KRW Falls 0.73%, While Euro Advances
The South Korean won is leading losses across major currencies, depreciating by 0.73%, while the Japanese yen also trades lower. The euro is outperforming its peers with a 0.21% gain, while the British pound and US dollar index remain broadly unchanged. The latest currency movements highlight a mixed foreign-exchange market, with weakness concentrated in selected […]
by Currency Hedger
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- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades around 176.50 above nine-day EMA
EUR/JPY gains ground after recovering recent losses from the previous trading day, hovering around 176.40 during Asian hours on Monday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish near-term bias as it holds below the 50-day […]
by Currency Hedger
- 0 Comments
- 3 days ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Weakens Towards 158 Despite Renewed Intervention Warnings as BOJ Rate Hike Expectations Build
The Japanese yen is weakening towards 158 per US dollar, reversing its recent recovery as renewed verbal intervention warnings from Tokyo struggle to provide sustained support. Currency markets remain focused on the Bank of Japan’s (BOJ) next policy move, with upcoming wage data expected to offer further clues on inflation pressures and the possibility of […]
by Currency Hedger
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- 3 days ago
JPY, Market Analysis, Technical Analysis
Chart of the Day: USDJPY After Fed and BoJ decisions. Is Japan getting closer to another rate Hhike?
USDJPY came under pressure following the conclusion of the Federal Reserve’s and Bank of Japan’s October meetings. Both central banks decided to leave interest rates unchanged, but differences in their communication point to diverging approaches to the next stages of monetary policy. The message from Tokyo was particularly significant, as policymakers sent a clearer signal […]
by Currency Hedger
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- 6 days ago
JPY, Market Analysis
Japanese Yen trims gains as Ueda remains vague about the next rate hike
The Japanese Yen (JPY) is giving back previous gains against the US Dollar (USD) on Friday, and Bank of Japan (BoJ) Governor Kazuho Ueda’s comments have failed to support the Japanese currency. The USD/JPY pair has returned to the 157.70 area from session lows at 157.12, turning flat on the daily chart. Ueda affirmed earlier […]
by Currency Hedger
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- 6 days ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Strengthens Towards 157 as BOJ Signals Potential December Rate Hike
The Japanese yen is strengthening towards 157 per US dollar, extending its gains for a third consecutive session after the Bank of Japan (BOJ) kept its policy interest rate unchanged at 1.25%, in line with market expectations. The currency is receiving support from growing expectations of a potential December rate increase, following the central bank’s […]
by Currency Hedger
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- 6 days ago